Category: Power

EXCLUSIVE: MDs Fired as Nigeria Takes Over Benin, Kano, Kaduna DisCos

ADEOLA YUSUF

. The Fidelity Bank Loan that Landed Them In Trouble, led to sack of Funke Osibodu of Benin DisCo, and Dr. Jamil I. Gwamna of Kano Disco . Yola, Ibadan, Abuja, now Kano, Kaduna and Jos DisCos, how the list of failed DisCos hit Six . Names of new MDs for Benin, Kano and Kaduna DisCos unveiled . Electricity consumers jubilate, open up on DisCos loss of licenses over technical incapacitation, and financial insolvency   The Nigerian government has taken over three non-performing electricity distribution companies; Kano, Kaduna, and Benin…

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Savannah Energy Begins First Gas Sales To Central Horizon Gas Company

ADEOLA YUSUF

Savannah Energy Plc, has commenced gas sales to Central Horizon Gas Company Limited (“CHGC”), a subsidiary of Axxela Limited (“Axxela”), and a major gas distribution company situated in the South-South region of Nigeria. On February 2022, Savannah signed an interruptible gas sales agreement (“GSA”) with CHGC to supply up to 5 MMscfpd daily for an initial one-year period. CHGC operates a 17km gas pipeline infrastructure network with a throughput capacity of 50 MMscfpd, which provides natural gas to industrial and commercial customers in the Trans Amadi Industrial Area of Port…

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DisCos’ Remittances to GenCos Crash by N35bn In One Month

ADEOLA YUSUF

How GenCos suffered 50% revenue shortfall in January 2022 The payment by electricity distribution companies to generation companies for power generation in January has crashed by N35 billion, a dip of 50 per cent. The industry statistics showed that DisCos were unable to pay GenCos full payment for the quantity of power generated in January 2022. As a result, the generation companies recorded a 50 per cent revenue shortfall. A breakdown of the data showed, according to a report by PUNCH, that although the 26 generating plants submitted an invoice…

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Sahara Power Deepens Environmental Sustainability With gree’n’lectric

ADEOLA YUSUF

The launch of gree’n’lectric, a wholly digital publication dedicated to promoting environmental sustainability in the power sector, will bolster Sahara Power Group’s resolve to seeking environmentally relevant options and solutions in its operations, Ejiro Gray, Director, Governance and Sustainability, Sahara Group has said. Speaking at the launch of the publication at Egbin Power Plant, Gray said Sahara Power, a Sahara Group company which connects over 30 million homes to power in the nation, considers access to clean, safe, and reliable energy as critical goals of the organization. According to Gray,…

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National grid: SERAP sues Buhari over missing N11trn electricity fund

ADEOLA YUSUF

Socio-Economic Rights and Accountability Project, SERAP, has sued President Muhammadu Buhari over failure to probe alleged missing N11 trillion meant to provide regular electricity supply since 1999 believed to have been stolen, mismanaged or diverted into private pockets. Nigerian cities have repeatedly been plunged into darkness as the electricity grid has reportedly collapsed at least three times in five months, and 130 times in seven years. According to the World Bank, epileptic power supply costs businesses in Nigeria about $29 billion yearly. Joined in the suit as Respondent is Mr…

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Kebbi Allocates 200 Hectares for 5,600MW Solar Power Project

ADEOLA YUSUF

The Kebbi State government has allocated 200 hectares of land to a private investor to set up a 5,600 megawatts solar power plant in the Northeastern state. Alhaji Suleiman Muhammad-Argungu, former Chief of Staff to Governor Atiku Bagudu, told newsmen in Birnin Kebbi that the company would soon begin work on the project. A team of 30 Canadian technicians are due in the state soon to begin work on the project. READ ALSO: You’ll Enjoy Improved Power Supply From July 1, NERC Assures Nigerians Northern Govs Reject Ahmed Lawan As…

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B’Haram: Over 10-Year Power Outage In Borno To End In 6 Weeks -Minister

ADEOLA YUSUF

    The Minister of Power, Engr. Abubakar Aliyu has stated that power supply will soon be restored to Maiduguri, Borno State, Northeast Nigeria. Platforms Africa reports that the state has, for over 10 years, been rocked by outage buoyed by attacks on power installations by Boho Haram terrorists. READ ALSO: I Am Angry With State of Nigeria’s Power Sector – Buhari Nigeria President Buhari Fires Power Minister, Mamman, over ‘inefficiency’ Multi-million dollars NNPC Maiduguri Power Project’s construction begins You’ll Enjoy Improved Power Supply From July 1, NERC Assures Nigerians Aliyu…

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Resume Free Meter Distribution, NERC Orders DisCos

ADEOLA YUSUF

As 45 Firms Jostle For Nigeria’s meter Providers Contracts The Nigerian Electricity Regulatory Commission (NERC) has declared that 45 local metre manufacturers are jostling to be signed under Nigerian Government’s meter providers’ programme. Chairman of NERC, Garuba Sanusi, who disclosed this on the sideline of a power stakeholders’ engagement in Lagos, ordered electricity distribution companies to resume the Meter Assets Providers (MAP) programme, recently slowed down by the National Mass Metering Programme (NMMP). Although the DisCos’ MAP has been in existence for some years, the NMMP programme under the office…

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Ogun Deepens Housing Investment, To Construct 400 flats At PMB Estate

ADEOLA YUSUF

In furtherance of its commitment towards provision of housing infrastructure for its teeming population, the Ogun State government has entered talks with a consortium of estate developers for the construction of about 400 housing units, spread on 50 hectares of land at the President Muhammadu Buhari Estate, Kobape, in Abeokuta. Platforms Africa reports that the houses to be constructed in detached and semi-detached duplexes fall within the first phase development of the estate located in the State capital. READ ALSO: Ogun Gov Abiodun’s ex-aide, Abidemi Rufai, pleads guilty to $350,000…

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You’ll Enjoy Improved Power Supply From July 1, NERC Assures Nigerians

ADEOLA YUSUF

NERC Chairman gives reasons some power supply issues rocking Nigeria may end in two weeks   Chairman, Nigerian Electricity Regulatory Commission, NERC, Sanusi Garba, has declared that Nigerians will begin to enjoy improved power supply from July 1 following renewed efforts by industry stakeholders. Platforms Africa reports that Mr Garba gave the assurance at an interactive session with newsmen after the Second Nigerian Electricity Supply Industry, NESI, meeting on Wednesday in Lagos. READ ALSO: Nationwide Blackout As Grid Suffers 4th Collapse in 88 Days I Am Angry With State of…

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